Fiat Chrysler Automobiles (NYSE:FCAU) seem to be going through good times. The sales for year-over-year have gone up 20%, reaching to 170,839 units this November. This is being coined as the best November figures that heave been seen on the Fiat (NYSE:FCAU) charts since 2001. All models for the brand have posted figures that are indicative of the fact that the company has posted good figures as an all-rounder. The Dodge, Chrysler, Jeep, Ram Truck, and Fiat have posted figures that show gains in year-over- year for the current month. The Jeep brand has posted sales exceedance of 27%. It has managed its best ever sales for the month of November, summing up to sale of 57,489 units.

Ram pickup trucks have reported a 21% increase year-over-year, with unit sales totaling up to40,864. The Cargo vans, and Ram sales have taken this up 31% year-over-year. A year-over-year sales. Based on sales statistics till November 2014, Ram sold 395,567 units of its pickups, which is a 23% year-over-year gain.  If the number of vans added on top of this figure, takes the f=grand total to 420,511 units till November 2014, which is a year-over-year increase of 27%.

The Cherokee that was launched in Oct. 2013 has had remarkable sales figures. Its growth figures are in thousands of percent. However, this high in sales has now come to a stop. Sales continue to impress, with current sales for November summing at 16,945, which is quite significant when compared with Nov. 2013 10,169 per unit sales. This is however, up 67%. The year-to-date sale figures are still over 1,300%.

Chrysler 200. However, the month-over-month sales are 115%, and year-over-year sales have dipped 13%. On an overall basis, Chrysler has gone up 30% year-over-year, with figures in November exceeding expectations. The last time the brand was able to achieve outstanding figures was back in 2007.

A combined yearly sales rate from all of Chrysler manufacturers that have been seasonally projected by the company sits at 17.5 million units for the fiscal 2014. This is more than what was being projected for last month’s 16.9 million units. The month ends for the company with 80 days’ worth of inventory supply, which is a decrease from 84 days of supply, come end October.

The FCA’s sales for November have been estimated at 159,000 by Kelley Blue Book. On the other hand, WardsAuto and Edmunds.com have placed their forecast at an increase to 163,000. Both these forecast were not even close to the real figures. The shares of FCA were up almost 2.5% before the market opened on Tuesday, reaching $13.02, and if this holds, the IPO is expected to go higher. Currently, the IPO range is between $7.20 and $12.85.

The November has emerged as an exceedingly good month for Fiat (NYSE:FCAU). Other automobile companies also seem to enjoy this particular month. It does seem however that bigger automobiles and four wheel drives are becoming exceedingly popular amongst the consumers, with their manufacturers enjoying remarkable figures on charts.

 

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